LAN and TAM Merger Put on Hold by Chilean Court

A planned merger between LAN and TAM airlines has been put on hold by a Chilean court over antitrust concerns. A consumer group recently filed a complaint over the merger and a court has decided to hear the case.

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LAN Airlines Reports 50 Percent Increase in 4Q Profits

Chile’s LAN Airlines reported a 50 percent gain in fourth-quarter profits to $165 million. The robust quarter came as a result of increased passenger and cargo traffic.

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British Airways and Spanish Carrier, Iberia, Merge

The two airlines now bring together a total of 406 planes and fly to 250 travel destinations. The merger is set fly 57 million passengers, bringing in an estimated $19 billion in annual revenue.

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LAN Expecting Approval on TAM Merger in 2011

Chile’s LAN Airlines expects approval on a planned merger with Brazil’s TAM Airlines in the coming year, according to a top executive.

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Virgin Atlantic Receives Queries About Tie-Ups

Virgin Atlantic received a number of queries about potential tie-ups. The airline claimed negotiations were at early stages and that it was too early to develop comments further.

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